[Rhodes22-list] Brad & Bell E, Political question

Herb Parsons hparsons at parsonsys.com
Sat Sep 27 19:39:30 EDT 2008


I have never said liberal media spin was overstating the problem. As a 
matter of fact, I don't recall READING any liberal media spin that 
STATED the problem.

Like I said, I'm not much of a financial wiz, and really don't want to be.

When my wife and I got married, she asked me who was going to take care 
of the money I told her I HOPED she would, and asked why?

"Because, I'm looking at your desk. There's a 3 day old pay check that 
hasn't been deposited (this was before automatic payroll deposits), a 
consulting check for $800 that's 2 weeks old, and a returned check notice."

To which I replied "yep".

TN Rhodey wrote:
> Herb -  I for one don't think this is a left or right issue and didn't make
> any reference to either side in my posts.You know me, I pretty much hate
> both parties.  I was referring to your past comments suggesting that liberal
> media spin was overstating the mortgage problem. The fact is the media if
> anything had understated the problem. If this comments I mentioned were from
> a different Herb my humble apologies.. Two years ago many of my friends and
> family were calling me chicken little .. I worked in Mortgage Banking for
> over 12 years so I was a little closer to the issues than most. So again if
> you weren't the Herb that stated the liberal media was creating the problem
> I do stand corrected..
>
> OK?
>
> Fair Winds,  Wally
>
>
>
>
>
>
>
>
>
> On Sat, Sep 27, 2008 at 12:23 PM, Herb Parsons <hparsons at parsonsys.com>wrote:
>
>   
>> Excuse me Wally,
>>
>> Just because I agree with a lot of the basic ideas and philosophies
>> (though frankly, not the most important one to me) with Brad and Ed, you
>> had no such "optimistic opinions" from me. I've not offered much in the
>> way of economic advice, and none in the way of stock advice. I
>> understand very little of the economy, it numbs my brain, and I have
>> very very little in the way of stock holdings. (What few I have are
>> mutual funds, but I am becoming a partner in my company, THAT's a
>> "stock" that I have some direct control over).
>>
>> Too often folks on this list tend to divide the group into "those like
>> me, and those not like me", and make everyone alike.
>>
>> As to the "no bail out", no I don't think the government can fix this.
>> However, I think they can put some things into place that will allow the
>> people to fix it.
>>
>> TN Rhodey wrote:
>>     
>>> Did Brad really say this crisis is worse than people think...congrats it
>>> looks like you finally got it! I told you this was going to be huge 2.5
>>> years ago. But no no no....Brad you really had your blinders on but it
>>> sounds like you may be catching up!......Thankfully I ignored the
>>>       
>> optimistic
>>     
>>> opinions of Brad, Ed, Herb (maybe a few others).and made dramatic changes
>>>       
>> to
>>     
>>> my meager portfolio over the last 2 years.  Now i am worried about my
>>>       
>> bank
>>     
>>> closing.....there is only so much FDIC insurance to go around.  Bank runs
>>> are making a comeback. What is safe?
>>>
>>> I say no bail out! Let the chips fall..... It will be ugly but does
>>>       
>> anyone
>>     
>>> really think the government can fix this? Plenty of blame to go around
>>>       
>> but
>>     
>>> this is all about greed at every level.  I find no joy in seeing my fears
>>> realized......hopefully not my WORSE fears.
>>>
>>> Maybe we could fix this the "American" way.......we can get one of those
>>> Credit Repair/Tax Settlement companies to renegotiate our debt with
>>> China.....or can we just default on our debt and tell China tough shit?
>>>       
>> We
>>     
>>> can put the White House on the national "Do Not Call" list and get a new
>>> unlisted phone number for the White House.  The national FICO score will
>>>       
>> go
>>     
>>> down the shitter but a good credit repair company could help us rebuild
>>>       
>> our
>>     
>>> credit in a mere matter of a couple of years.  Problem solved. Just
>>> kidding.....
>>>
>>> I just hope the new pres is up to the task.
>>>
>>> Fair winds, Wally
>>>
>>>
>>>
>>>
>>> On Fri, Sep 26, 2008 at 6:23 PM, Brad Haslett <flybrad at gmail.com> wrote:
>>>
>>>
>>>       
>>>> Ed,
>>>>
>>>> Haven't heard anything about it but then I've been out of pocket
>>>> today. What I've been reading about the last hour is that the Dem's
>>>> don't want their version to pass without the Republicans on board
>>>> because then "they own it". Barney Frank tried to load it up with
>>>> Christmas ornaments, ie, "funding housing for the poor", etc.  Hey
>>>> Barney, DUMBASS, that's how we got to this point.  Anyway, he's
>>>> already backed down from that.  The Republicans are getting Very Heavy
>>>> anti-bailout messages from their constituents, and in the right-wing
>>>> blogsphere where I spend a fair amount of time, it is not popular.
>>>> That's an understatement. Bush wanted McCain to bring the Republicans
>>>> on board and I'm not sure McCain was able to do that. Presidential
>>>> election year or not, McCain is a RINO and he's not getting the party
>>>> to fall in line  behind him in lockstep. My hope is that a bill gets
>>>> passed over the weekend, as clean a bill as we can possibly get.  The
>>>> Dems have the votes to do it on their own and IMHO are on the right
>>>> side of the issue.  The Republican concerns are valid but it's too
>>>> late to implement them.  The crisis is worse than most people think. I
>>>> can only watch TV news coverage until Harry Reid shows his face and
>>>> then I start looking for things to throw at the TV, so now I just
>>>> leave the room. Reid is a worthless asswipe that tries to politicize
>>>> everything. Obama has an opportunity to come out of this looking like
>>>> a hero even though his fingerprints are all over the cause of the
>>>> mess.  Such is politics.
>>>>
>>>> You can't say this year has been boring.
>>>>
>>>> Brad
>>>>
>>>> On Fri, Sep 26, 2008 at 2:52 PM, Tootle <ekroposki at charter.net> wrote:
>>>>
>>>>         
>>>>> You two guys have access to the latest information, what is behind
>>>>>           
>> rumor
>>     
>>>> that
>>>>
>>>>         
>>>>> Paulson is feeding Obama information thru his old friends at Goldman,
>>>>>
>>>>>           
>>>> Sacks?
>>>>
>>>>         
>>>>> Next rumor:  Is Paulson trying to bail out Goldman, Sacks so that he
>>>>> personnally is not brought into lawsuits to recover losses?
>>>>>
>>>>> Ed K
>>>>> Greenville, SC, USA
>>>>> --
>>>>> View this message in context:
>>>>>
>>>>>           
>> http://www.nabble.com/Brad---Bell-E%2C-Political-question-tp19695267p19695267.html
>>     
>>>>> Sent from the Rhodes 22 mailing list archive at Nabble.com.
>>>>>
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